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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 903 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

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  1. 1.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  2. 2.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  3. 3.Vihaan’s stall made a profit of ₹700. Vihaan saves 10% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) a new video game
  6. 6.Meera’s stall made a profit of ₹1600. Meera saves 20% of it. How many rupees are saved?
  7. 7.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  8. 8.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  12. 12.Which of these is saving? (a) a new video game (b) profit put in a bank (c) sweets for yourself (d) a cinema ticket
  13. 13.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Rohan’s stall made a profit of ₹200. Rohan saves 50% of it. How many rupees are saved?
  16. 16.Ananya’s stall made a profit of ₹1200. Ananya saves 50% of it. How many rupees are saved?
  17. 17.Joseph’s stall made a profit of ₹1500. Joseph saves 10% of it. How many rupees are saved?
  18. 18.Aarav’s stall made a profit of ₹1300. Aarav saves 20% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  20. 20.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) buying a second juicer (d) a cinema ticket
  22. 22.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.Kavya’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Rohan’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.Diya’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  30. 30.Zoya’s stall made a profit of ₹1600. Zoya saves 25% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  32. 32.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  34. 34.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Tara’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Ishaan’s stall made a profit of ₹1000. Ishaan saves 20% of it. How many rupees are saved?
  37. 37.Ishaan’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  39. 39.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  40. 40.Nisha’s stall made a profit of ₹1700. Nisha saves 10% of it. How many rupees are saved?

Answer key

  1. reinvesting
  2. putting profit back in
  3. 70
  4. 1170
  5. a piggy bank for later
  6. 320
  7. the cost of borrowing
  8. 4
  9. 910
  10. spending
  11. talk to parents
  12. profit put in a bank
  13. 192
  14. 7
  15. 100
  16. 600
  17. 150
  18. 260
  19. reinvesting
  20. 570
  21. a cinema ticket
  22. 104
  23. 1040
  24. 480
  25. 636
  26. 750
  27. 440
  28. 120
  29. can I pay it back?
  30. 400
  31. reinvesting
  32. to keep trust
  33. spending
  34. 412
  35. 770
  36. 200
  37. 150
  38. buying a second juicer
  39. for bad days and goals
  40. 170

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